Empowering Communities with E-Waste
Top Stories This Week US judge sides with SEC in Terraform Labs case over unregistered securities A United States federal judge has ruled in favor of the Securities and Exchange Commission on claims that Terraform Labs and its former CEO, Do Kwon, offered and sold two unregistered securities. The court granted summary judgment in favor […]
Swan Bitcoin founder and proud Bitcoin maximalist Cory Klippsten has a word of caution for crypto bros: steer clear of the altcoin season hype. According to him, you might as well bet your life savings on the slot machines in Las Vegas. “Just keep in mind that out of the 20 to 30,000 altcoins, only […]
Gaming guilds amassed huge treasuries during last cycle’s Axie Infinity-inspired blockchain gaming bull run. But how did they survive the grinding bear market and pivot their treasuries to set themselves up for the bull market? And more importantly, which one is in pole position to take advantage of the big opportunties expected this year? Gaming […]
Pixels tops charts in first days of 2024 Normally, you’d expect the popularity of a Web3 game to have a linear relationship with its money inflows. However, the early days of 2024 have shown that this is not always the rule. The massively multiplayer online game (MMO) Pixels crushed it on the charts this week, […]
Our weekly roundup of news from East Asia curates the industry’s most important developments. Binance’s secret sauce, Bitget gets going Cryptocurrency exchange Binance claims that it grew its user count by 30% year over year to 170 million. According to Binance’s 2023 Annual Report published on December 28, its expansion efforts appear to be unaffected […]
A prominent crypto lawyer who helped Ripple Labs and XRP in the case against the U.S. Securities and Exchange Commission (SEC) is volunteering to represent US retail token holders during an upcoming Congressional hearing. Responding to an announcement made by the Financial Services GOP about the upcoming Capital Markets and Digital Assets, Financial Technology and […]
Marathon Digital achieved a record-breaking production of 1,853 Bitcoin (BTC) in December 2023, marking the highest monthly total ever recorded by a public BTC mining company. The growth represents a significant 290% year-over-year increase and a 56% rise from the previous month. Marathon chairman and CEO Fred Thiel attributed the achievement to the company’s strategic expansion […]
Cipher Mining and Stronghold Digital started the new year by announcing significant expansions in their Bitcoin mining capabilities, scaling up operations in response to changing market dynamics. These developments come as Bitcoin miners adapt to an evolving landscape where transaction fees, bolstered by new technologies like Inscriptions, are increasingly vital in revenue generation. Bitcoin transaction […]
Major crypto-centric firms are off to a robust start in the new year, marked by significant market trading upticks in their shares amid Bitcoin’s rally above $45,000. According to Yahoo Finance data, leading crypto companies like Coinbase, MicroStrategy, Marathon Digital, Riot Platforms, Hive Digital, Canaan, and Hut 8 witnessed considerable price growth during the early […]
The United States Bankruptcy Court for the Southern District of New York approved the implementation of the “MiningCo Transaction” for Celsius and its affiliated debtors as part of the Chapter 11 bankruptcy proceedings on Dec. 27. This order, enacted by Chief Judge Martin Glenn, marks a critical juncture in the restructuring efforts of Celsius as […]
